australian payments network

Australian Payments Network is the champion of the payments system. Also, improve the safety, reliability, equity, convenience, and efficiency of the Australian payments system. They strongly focus on collaboration, their roles include inspiring innovation, facilitating self-regulation, coordinating system-wide standards, and policy development. Australian Payments Network has some 120 members including Australia's leading financial institutions, such as banks, building societies, credit unions, and major retailers. Australian Payments Network was established by Andy White in the year 1992. The company is placed in Sydney, Australia. Australian Payments Clearing Association (APCA) in April 2017 announced that had changed its name to Australian Payments Network Limited. The renaming is part of the company’s repositioning to more effectively and meets the needs of the changing payments landscape. Australian Payments Network provides a venue for collaboration and cross-industry innovation on these issues and works closely with government, regulators, payments stakeholders, and individuals to improve the payments system.